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See how verdicts work2-bedroom flat · CR3 6FA
For saleReduced £70k (−25.9%) on 26 OctListed 648 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This purpose built retirement property is located on the first floor of this modern purpose built development. The accommodation comprises an entrance hall with useful walk-in storage cupboard.
Doors lead to the lounge and bedrooms. There is a fitted shower room with a low level WC wash hand basin and walk-in shower cubicle, there is also a separate second WC with basin.
The lounge/diner measures approximately 18' and there is a fitted electric fire with ornate surround.
The kitchen overlooks the front and is fitted with a range of white gloss base and wall units with complementary work surfaces over, and integrated oven and hob and fridge/freezer.
There are two double bedrooms and the larger room features a built in wardrobe, both rooms overlook the front.
Within the development there are a number of facilities for the residents including a communal lounge, patio garden area and car park.
There is a laundry for residents use as well as a buggy store and a second exit directly into Station Avenue from the lower ground floor.
The day to day running of the block is overseen by a house manager. The property is offered with no onward chain.
The property is situated within a few hundred meters of the bustling town centre with its station and bus links to Croydon, London and beyond.
Caterham offers a range of shops including a Waitrose and Morrisons as well as the new Lidl.
The Church Walk Shopping Arcade offers mixture of day to day shops and there is a great selection of restaurants, coffee shops and pubs in the town and local area.
There is a doctors in Eothen Close and a library across the road. The Miller Centre is located in Caterham Valley and offers a range of entertainment.
There are a number of Churches, social clubs and sports facilities in the local area including the De-Stafford leisure centre and the Westway centre at Caterham on the Hill.
Caterham is surrounded by miles of open countryside including the nearby North Downs.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About Caterham Lodge, Stafford Road, Caterham, Surrey, CR3
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